https://www.taxtmi.com/caselaws?id=207606 The Tribunal allowed the appellant's appeal and set aside the impugned order, favoring the assessee in a case concerning the demand for interest on availed Cenvat Credit. Relying on the judgment of the High Court of P&H, the Tribunal held that interest is payable only when Cenvat credit is wrongly utilized, not merely taken. This decision aligned with the interpretation of the rules provided in the cited case law, leading to the disposal of the stay petition in favor of the appellant. en-us Mon, 17 Jan 2011 00:00:00 +0530 Mon, 19 Dec 2011 08:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207606 The Tribunal allowed the appellant's appeal and set aside the impugned order, favoring the assessee in a case concerning the demand for interest on availed Cenvat Credit. Relying on the judgment of the High Court of P&H, the Tribunal held that interest is payable only when Cenvat credit is wrongly utilized, not merely taken. This decision aligned with the interpretation of the rules provided in the cited case law, leading to the disposal of the stay petition in favor of the appellant. Case-Laws Central Excise Mon, 17 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207606